https://www.taxtmi.com/caselaws?id=437144 The dominant issue was whether deduction under s.10AA could be denied solely because the assessee filed its return after the due date under s.139(1). The ITAT held that s.10AA, as applicable to AY 2018-19, contains no proviso or statutory condition mandating filing within s.139(1) for availing the deduction, and reliance was placed on consistent ITAT precedent holding such denial legally unsustainable. Consequently, denial of the s.10AA claim on this ground was set aside and the assessee's appeal was allowed. en-us Wed, 26 Apr 2023 00:00:00 +0530 Thu, 18 Dec 2025 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437144 The dominant issue was whether deduction under s.10AA could be denied solely because the assessee filed its return after the due date under s.139(1). The ITAT held that s.10AA, as applicable to AY 2018-19, contains no proviso or statutory condition mandating filing within s.139(1) for availing the deduction, and reliance was placed on consistent ITAT precedent holding such denial legally unsustainable. Consequently, denial of the s.10AA claim on this ground was set aside and the assessee's appeal was allowed. Case-Laws Income Tax Wed, 26 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437144